{"id":790333,"date":"2022-06-01T08:02:39","date_gmt":"2022-06-01T06:02:39","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/ps-business-parks-inc-announces-expiration-of-go-shop-period-contained-in-previously-announced-merger-agreement\/"},"modified":"2023-07-10T17:54:06","modified_gmt":"2023-07-10T15:54:06","slug":"ps-business-parks-inc-announces-expiration-of-go-shop-period-contained-in-previously-announced-merger-agreement","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/ps-business-parks-inc-announces-expiration-of-go-shop-period-contained-in-previously-announced-merger-agreement\/","title":{"rendered":"PS Business Parks, Inc. Announces Expiration of \u201cGo-Shop\u201d Period Contained In Previously Announced Merger Agreement"},"content":{"rendered":"GLENDALE, Calif.--(BUSINESS WIRE)--PS Business Parks, Inc. (NYSE:PSB) (\u201cPSB\u201d or the \u201cCompany\u201d) announced today the expiration of the \u201cgo-shop\u201d period set forth in the previously announced definitive merger agreement with affiliates of Blackstone Real Estate (\u201cBlackstone\u201d), dated as of April 24, 2022 (the \u201cmerger agreement\u201d). Under the terms of the merger agreement, Blackstone has agreed to acquire all the outstanding shares of the Company\u2019s common stock for $187.50 per share in an all-cash transaction valued at approximately $7.6 billion, including transaction expenses. The \u201cgo-shop\u201d period expired at 11:59 p.m. (New York City time) on May 25, 2022.\n\n\nDuring the \u201cgo-shop\u201d period, at the direction of PSB\u2019s boa<div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\"><a href=\"https:\/\/bebeez.it\/abbonati\/\">Abbonati<\/a> o <a href=\"https:\/\/bebeez.it\/mio-account\/\">Accedi<\/a> per leggere il resto di questo contenuto.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>GLENDALE, Calif.&#8211;(BUSINESS WIRE)&#8211;PS Business Parks, Inc. (NYSE:PSB) (\u201cPSB\u201d or the \u201cCompany\u201d) announced today the expiration of the \u201cgo-shop\u201d period set forth in the previously announced definitive merger agreement with affiliates of Blackstone Real Estate (\u201cBlackstone\u201d), dated as of April 24, 2022 (the \u201cmerger agreement\u201d). Under the terms of the merger agreement, Blackstone has agreed to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-790333","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>PS Business Parks, Inc. 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(NYSE:PSB) (\u201cPSB\u201d or the \u201cCompany\u201d) announced today the expiration of the \u201cgo-shop\u201d period set forth in the previously announced definitive merger agreement with affiliates of Blackstone Real Estate (\u201cBlackstone\u201d), dated as of April 24, 2022 (the \u201cmerger agreement\u201d). 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